2023
Flag  
GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
 GDP
$282MCURRENT US$
Rnk 191 / 195
2013-2023
Flag
GDP GROWTH
25.1%CURRENT US$
Rnk 126 / 195
2023
Flag
GDP PC 
$1,597CURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195
2023
Flag
GDP PC
$15,899CURRENT US$
Rnk 71 / 196
2013-2023
Flag
GDP PC GROWTH
24.5%CURRENT US$
Rnk 89 / 195

About

In N/A, Nigeria did not export any services to Palau.

Palau-Nigeria In N/A, Palau did not export any products to Nigeria.

In N/A, Palau did not export any services to Nigeria.

Comparison In 2023,  Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75),  and 52 in total exports ($61B). That same year, Palau ranked 221 in total exports ($5.6M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Nigeria does not register exports to Palau.

Palau does not register exports to Nigeria. The main products exported from Palau to Nigeria were Gaskets ($1.21k).

Exports from Nigeria (Flag) to Palau (Flag) (2023)

Exports from Palau (Flag) to Nigeria (Flag) (2023)

Market Competitiveness

Color
Nigeria
Top Destination
United States$6.29B
Palau
Top Destination
India$2.28M

This map shows whether countries import more from Nigeria or Palau. Each country is colored based on the difference in imports they receive from Nigeria and Palau or the difference in the growth in imports.

In 2023, countries that imported more from Nigeria than Palau included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

In 2023, no countries were registered that imported more from Palau than from Nigeria.

Difference in imports from Palau (Flag) and Nigeria (Flag) (2023)

Comparative Advantage Nigeria - Palau

Flow
Scale

This chart compares trade between Nigeria and Palau by product, considering products traded by both, Nigeria and Palau.

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Nigeria and Palau. This means that a dot/product with the flag of Nigeria indicates it has a comparative advantage over Palau. Similarly, a dot/product with the flag of Palau indicates it has a comparative advantage over Nigeria.

Product Space of Nigeria (Flag) and Palau (Flag) (2023)

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